Marvel Decor Ltd - MARVEL DECOR Share Price

Summary

Marvel Decor Limited was incorporated as a private limited company with the name Modele Blinds and Components Private Limited on October 04, 1996. Subsequently, the name of the Company was changed from Modele Blinds and Components Private Limited to Accumax Interior Products Private Limited on June 30, 2000. Further, the name of the Company was changed from Accumax Interior Products Private Limited to Marvel Decor Private Limited on January 05, 2018. Subsequently, the name of the Company was changed to Marvel Decor Limited on January 23, 2018.Mr. Ashok Ramniklal Paun, Mr. Dipak Paun, Ms. Minal Mayank Gandhi and Ms. Rashmi Ajay Bhargava were the initial subscribers holding 100 shares each. The Promoters Ashok Ramniklal Paun and Mr. Dipak Paun, were meanwhile conducting business in the name of Accumax Industries, a partnership firm, manufacturing accessories for blinds. In the year 2000-2001, the promoters Mr. Ashok Paun and Mr. Dipak Paun took over the command of the Company and accelerated the business with manufacturing of venetian blinds components and supplying it to the company making venetian blinds. The first manufacturing unit was established in the year 2000 at Plot No. 93 & 94, GIDC Phase II, Dared, Jamnagar, Gujarat in which manufacturing of readymade venetian blinds specially for Reliance Refineries started and continued for five years. In the year 2005-2006 Mr. Ashok Paun established Marvel as a brand commencing with the manufacturing of Curtain rods. In year... Read More